Investors accounted for 25% of home purchases in recent years, up from 12% in 2002
The Vultures of Suburbia: How Investors Are Devouring the American Dream
In the grand tradition of American capitalism, where opportunity is often synonymous with exploitation, we find ourselves witnessing a grotesque transformation of the housing market. The once-hallowed ideal of homeownership, that cornerstone of the middle-class fantasy, is being systematically dismantled by the ravenous appetite of investors who have doubled their market share since 2002.
Let us not mince words: this is not merely a shift in market dynamics, but a full-scale assault on the aspirations of ordinary Americans. The statistic that investors now account for 25% of home purchases is not just a number; it is a damning indictment of a system that increasingly favors those with capital over those with dreams.
Here are 10 key statistics about investors driving up home prices in America:
1. In the first quarter of 2022, investors made up a…